Feb 12, 2013, 11.11 AM IST | Source: CNBC-TV18

Buy Maruti Suzuki on dips: Sukhani

Buy Maruti Suzuki on dips, says Sudarshan Sukhani of s2analytics.com.

Buy Maruti Suzuki on dips, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "We have seen two big days of declines in Maruti Suzuki. The stock chart has not been altered in anyway. It is in a strong uptrend. Here is a buy on dips opportunity."

He further added, "If there is some minor dip then trader has to accept it, in the sense that he has to accept some heat after he buys it but the trade here is to go long. This is a stock that is moving eventually towards Rs 2,000."

At 10:52 hrs Maruti Suzuki India was quoting at Rs 1,570.70, up Rs 10.80, or 0.69%. It has touched an intraday high of Rs 1,582.45 and an intraday low of Rs 1,565.05.

The share touched its 52-week high Rs 1,637.60 and 52-week low Rs 1,077.00 on 06 February, 2013 and 04 June, 2012, respectively. Currently, it is trading 4.09% below its 52-week high and 45.84% above its 52-week low. Market capitalisation stands at Rs 45,379.10 crore.

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Rahul Gandhi

575 -1.23 -0.21%

6909

Bought today

24709

Sold today

0.05%

User holding

video of the day

Chandra says satisfied with TCS' FY14, FY15 to be better

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.